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Hatta beckons travellers from around world with experiences combining culture, adventure and eco-tourism

DUBAI/ WAM Hatta, Dubai’s captivating mountain town, has been rising in global and regional profile over the last few years as a prominent travel destination. Often referred to as the ‘Highlands of Dubai’, Hatta has transformed into one of the Middle East’s most enchanting cultural, entertainment and adventure tourism hubs offering a unique mix of thrilling outdoor activities, rich historical ...

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AED7 billion net institutional investment in UAE stocks during 2023

ABU DHABI/ WAM Institutional investors have notably boosted their acquisition of domestic stocks in 2023, enticed by the diverse investment prospects and the opportunity to engage in the strong expansion of the country’s economy. Furthermore, prominent global and regional institutions consider local listed companies highly attractive for their investment strategies. Data from the Abu Dhabi and Dubai markets reveals that ...

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UAE stocks generate over AED1 bn cash flows Monday

ABU DHABI/ WAM UAE stocks generated strong cash flows Monday, with market liquidity surpassing AED1 billion. International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions. The Abu Dhabi Securities Exchange (ADX) gained AED 885.8 million in liquidity, as compared to the AED 115.2 million gained by the Dubai Financial ...

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First edition of generative AI-National Day stamps launched

DUBAI / WAM The Emirates Post Group Company (EPG), in collaboration with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), announced the launch of the first edition of the 52nd National Day stamps designed using generative artificial intelligence. The event was organised in the presence of Omar Sultan Al Olama, Minister of State for Artificial Intelligence and Digital Economy ...

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SCC to discuss Sharjah government budget for 2024

SHARJAH / WAM Sharjah Consultative Council (SCC) will hold its second meeting, on December 28, as part of the first regular session of the eleventh legislative chapter, at its headquarters in the city of Sharjah, headed by Dr Abdullah Belhaif Al Nuaimi, Chairman of the Council. After approving the minutes of the first meeting, the agenda includes discussing the budget ...

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Added, Siemens Energy to boost sustainable industrial sector

ABU DHABI / WAM Abu Dhabi Department of Economic Development (Added), represented by Industrial Development Bureau (IDB), and Siemens Energy, a global leader in energy technology, have joined hands to further decarbonise Abu Dhabi’s booming industrial sector. The collaboration supports Abu Dhabi Industrial Strategy’s vision to establish the Emirate as the most competitive industrial hub in the region, driving the ...

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Dewa awards AED10.9m deal for water pipeline in Hatta

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has awarded an AED10.9 million contract for a project to lay a 562 metre Glass-Reinforced Epoxy (GRE) water pipeline with 1,500-millimetre diameter in Hatta. This project includes constructing a jet valve chamber to extend the lower outlet valve of Hatta Dam to the Wadi area. This project is part of the ...

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